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nancy pelosi and john boehner met with the president this morning. with six weeks left to go, work has to be done quickly. rebecca is live with more on the talks. >> the calendar is showing it is just a few weeks until we fall off the so-called fiscal cliff. that is when extended unemployment benefits will expire, tax cuts will expire, and the automatic spending cuts will go into effect. today congressional leaders were promising they would meet the deadline. >> inside the white house republican house speaker john boehner and president obama sat side by side both insisting they want and will find macdill. >> our challenge is to make sure that we are able to cooperate, work together, find common ground, make some tough compromises, build some consensus to do the people's business. >> coming out of the meeting are rare image of bipartisan ship. >> we have the recognition that every person in america knows we would not reach agreement. >> we are prepared to put everything on the table provided we fixed the problem. however, we are in the dilemma we are
nancy pelosi and john boehner met with the president this morning. with six weeks left to go, work has to be done quickly. rebecca is live with more on the talks. >> the calendar is showing it is just a few weeks until we fall off the so-called fiscal cliff. that is when extended unemployment benefits will expire, tax cuts will expire, and the automatic spending cuts will go into effect. today congressional leaders were promising they would meet the deadline. >> inside the white...
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. >> tomorrow is speaker boehner's birthday so for those of you who want to wish him a happy birthday, we will -- we're not going to embarrass him with a cake because we didn't know how many candles were needed. >> yeah, right. >> but we want to wish him a happy birthday. >> that's 63 candles and one for good luck. the president did give him a bottle of 1997 brunelo retailing for $125. "parks and recreations" gets her moment with the vice president. >> this isn't happening. this -- this isn't real. >> no. it's happening. i'm delighted to have you here. on behalf of the president and myself i want to -- be. >> oh, mr. vice president. i am deeply flattered but there's no way i could take over madam secretary's position. i want to say thank you. >> you're very welcome. you're very welcome. you're very welcome. >> you're very handsome. >> well done. >> good day. i'm andrea mitchell live in washington. there's a career there for somebody. for the third day on a serious note, israel and hamas are trading fire with fire ringing out in jerusalem for the first time. so far israel's campaign ha
. >> tomorrow is speaker boehner's birthday so for those of you who want to wish him a happy birthday, we will -- we're not going to embarrass him with a cake because we didn't know how many candles were needed. >> yeah, right. >> but we want to wish him a happy birthday. >> that's 63 candles and one for good luck. the president did give him a bottle of 1997 brunelo retailing for $125. "parks and recreations" gets her moment with the vice president. >>...
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house speaker john boehner has shown interest in the plan which would raise more tax revenue without raising rates. >> it's clear that there are a lot of special interest loopholes in the tax code, both corporate and personal. >>reporter: democrats and republicans say they will reach an agreement, but a new poll shows many americans are skeptical. 51% of those surveyed believe a deal will not get done. tara mergener for cbs news, capitol hill. >>> it appears that the makers of twinkies and hohos couldn't avoid their fiscal cliff. hostess brand says a national bakers' strike has crippled their operations at 33 plants. so more than 18,000 workers will lose their jobs. the company warned employees that it would sell off its assets if workers did not return to work by last night. the company will sell off its twinkies and wonder bread brands. >>> still to come when 9 news now continues, we're going to talk live to dr. phil. we're going to talk about his new book and what's coming up on his show today. you can watch it right here beginning at 4:00 p.m. >>> but, first, a lot of people got
house speaker john boehner has shown interest in the plan which would raise more tax revenue without raising rates. >> it's clear that there are a lot of special interest loopholes in the tax code, both corporate and personal. >>reporter: democrats and republicans say they will reach an agreement, but a new poll shows many americans are skeptical. 51% of those surveyed believe a deal will not get done. tara mergener for cbs news, capitol hill. >>> it appears that the makers...
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i want to say, tamron, that it was house speaker john boehner's birthday. president obama gave him a bottle of wine. >> kristen, you spoimed it. we were going to show that later. rats. really, kristen welker? >> caller: so, sorry. >> i have something else to ask you about. i'm just giving you grief. the civic meeting is taking place, the reverend al, the national action network, and he's meeting with civic leaders. is he prepares some on the letter r left for concessions or things they may not like that comes out of these negotiations? >> reporter: well, i think it's both. i think it's that he's trying to prepare some on the left for concessions. he's trying to build up really his strength to be able to put pressure on republicans to come to the table with him over taxes. president obama meeting with with union leaders early this week, also business leaders, so he's really trying to form a broad consensus, i think, to put pressure on republicans and democrats to get something done, to actually get something accomplished before that january 1st deadline. tam
i want to say, tamron, that it was house speaker john boehner's birthday. president obama gave him a bottle of wine. >> kristen, you spoimed it. we were going to show that later. rats. really, kristen welker? >> caller: so, sorry. >> i have something else to ask you about. i'm just giving you grief. the civic meeting is taking place, the reverend al, the national action network, and he's meeting with civic leaders. is he prepares some on the letter r left for concessions or...
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the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort of automatic cuts that we see as a sequester, and the tax increases and have a mechanism you can replace them with. listen to the congressional leaders in their photo op in the white house before thanksgiving that they had today. >> we've put revenue on the table, as long as it's accompanied by significant spending cuts. >> we have a cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. >> we fully understand
the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort...
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. >> reporter: in the meeting, house speaker john boehner proposed leaders establish a framework in the next six weeks for wide scale reform of the tax code, medicare, and social security in 2013. the goal would be to set specific targets now for savings from those reforms. that would negate the need for steep spending cuts congress called for last year that are set to kick in on january 1, the same day the bush tax cuts are set to expire. that damaging combo has been come to be known as the fiscal cliff. while democrats often balling at any mention of entitlement reform, today nancy pelosi signaled a new openness. >> do we want to have savings from everything that we do? certainly? so we need revenue, we need savings, we need growth. >> reporter: leader pelosi said there appeared to be interest in a big deal, about four trillion dollars worth of deficit redictions along the lines of the grand bargain that fell apart wean the president and speaker boehner last year, anthony. >> mason: nancy, there are just 46 days until the new year. what can they really hope to accomplish in that time?
. >> reporter: in the meeting, house speaker john boehner proposed leaders establish a framework in the next six weeks for wide scale reform of the tax code, medicare, and social security in 2013. the goal would be to set specific targets now for savings from those reforms. that would negate the need for steep spending cuts congress called for last year that are set to kick in on january 1, the same day the bush tax cuts are set to expire. that damaging combo has been come to be known as...
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as for speaker boehner i know they would personally like to make this time of deal. assuming the grand bargain happens, you can't get it done in a lame duck session, at least you move forward there, grand bargain, is this something that safbs the u.s. from this debt we've inflicted on ourselves for so long, where people stand up and notice it or would there still be the naysayers out there that say it still is not enough. what do you think? >> i think a true grand bargain would be a really great confidence signal to markets. now i don't think it's the solution for our short term growth problems because right now borrowing is cheap and we don't have a debt problem dragging on our economy right now but if we're looking at freeing up investment, freeing up hiring over the medium and long terms, absolutely the markets would love that. >> i think, also, the biggest negative domestically generated is the perpetual fights of brinksmanship, government shutdown, debt ceiling. a grand bargain that if it did nothing else put off those types of fights for the foreseeable future
as for speaker boehner i know they would personally like to make this time of deal. assuming the grand bargain happens, you can't get it done in a lame duck session, at least you move forward there, grand bargain, is this something that safbs the u.s. from this debt we've inflicted on ourselves for so long, where people stand up and notice it or would there still be the naysayers out there that say it still is not enough. what do you think? >> i think a true grand bargain would be a...
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and they knew that boehner was going to be a dealmaker with the president. so even the hard liners may have read the election returns, and i think even the hard liners don't be responsible for a tax increase. >> not only boehner, even mcconnell. let me show you this, michelle. mcconnell and boehner had a different kind of sound, different tone today after the meeting. watch this. >> obviously the president won re-election. the republicans were basically unable to get any seats in the senate. more people voted for democrats in the house than republicans. why do you have any leverage whatsoever? >> there's a republican majority here in the house. the american people re-elected the republican majority. >> it's important to remember that in this case, the voters also re-elected a republican-controlled house last week. the fact is the government is organized no differently today than it was after the republican wave of 2010. >> now, listen to what they had to say today. >> tomorrow is speaker boehner's birthday. so for those of you who want -- >> i believe we're
and they knew that boehner was going to be a dealmaker with the president. so even the hard liners may have read the election returns, and i think even the hard liners don't be responsible for a tax increase. >> not only boehner, even mcconnell. let me show you this, michelle. mcconnell and boehner had a different kind of sound, different tone today after the meeting. watch this. >> obviously the president won re-election. the republicans were basically unable to get any seats in...
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[applause] >> your advice to the president and speaker boehner? >> compromise and do the right thing. the solution is out there. let's get with it. now is the magic moment. it's our responsibility. >> with that i want to thank both you. we're out of time here. in fact, i'm going to rush over to a bloomberg television camera to take a look at more of your time. the conversation will continue here at this summer. thank you all of you for joining us. thank you to the two of you. >> thank you. >> again, appreciate your work as well. we will be right back in just a moment as we continue here at this fiscal summit. [applause] [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> ladies and gentlemen, please welcome the president of the peter g. peterson foundation, michael peterson. [applause] >> while politics is often centerstage, policy and substance will form the basis of many fiscal agreement. we at the peterson foundation believe that the mortgages and the more solutions brought to the table, the better. out initia
[applause] >> your advice to the president and speaker boehner? >> compromise and do the right thing. the solution is out there. let's get with it. now is the magic moment. it's our responsibility. >> with that i want to thank both you. we're out of time here. in fact, i'm going to rush over to a bloomberg television camera to take a look at more of your time. the conversation will continue here at this summer. thank you all of you for joining us. thank you to the two of you....
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john boehner is pulled by two groups. one he does not want to be obstructionist not to allow tax cuts for lower group to go through and doesn't want tax cuts to go through. he is pulled on that side and by his own party. what i hope is that the vast majority of the republicans hold true and if some of the republicans peel off, i would, that would be fine. if they pushed through obama's bill, but i do not want to see them punished. but the republicans need to have this position for 2014 and the rest of 2013 when the economy goes in the garbage dump. republicans are right. bill: two more quick questions on this. >> sure. bill: when these congressional leaders speak, what sort of code words should we be listening for today? >> well i don't know what they would say to each other but on the outside, using the word rates left revenues and that type of stuff are code words especially coming from the president. if he talks about raising revenues and does not insist on it being rates there is a good compromise possible. if he forc
john boehner is pulled by two groups. one he does not want to be obstructionist not to allow tax cuts for lower group to go through and doesn't want tax cuts to go through. he is pulled on that side and by his own party. what i hope is that the vast majority of the republicans hold true and if some of the republicans peel off, i would, that would be fine. if they pushed through obama's bill, but i do not want to see them punished. but the republicans need to have this position for 2014 and the...
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i just think about the prospect of john boehner and nancy pelosi working together. i think about you sitting down with vice president biden and president obama and john boehner and talking about what's possible. what do you expect about the republican world view and goals to change because of this election? >> well, the president was very clear in the campaign. on where he stood. there was no ambiguity about where he was on many of the issues. and so his election, i think, strengthens our hand at the table. but the public still has to continue to be engaged. public sentiment is everything. and in the past, for example, the republicans in the house were the odd people out on the -- on some of the tax bill. one of the tax -- you know, deduction. and then also on the transportation bill. and so when the president went public on those, then they finally came around. but they're not going to come around just by persuasion sitting across the table, i do not believe. >> they are not going to come around just by persuasion in washington. nancy pelosi essentially calling for
i just think about the prospect of john boehner and nancy pelosi working together. i think about you sitting down with vice president biden and president obama and john boehner and talking about what's possible. what do you expect about the republican world view and goals to change because of this election? >> well, the president was very clear in the campaign. on where he stood. there was no ambiguity about where he was on many of the issues. and so his election, i think, strengthens our...
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he gave boehner a birthday gift of a bottle of wine. >>> a stunning security breach. mother who crashed through a gate and started driving down an air port runway with her child in the car. >>> the frightening moment a driver plowed straight into a police officer. >>> and the beltway becomes the santa express. how old st. nick took t >>> you ready tonight on news4 at 5:00, we're giving away tickets to hot 99 sold out jingle ball concert featuring justin bieber, casha, flo ridea, and psy gangnam style. look for the secret star of the day, then enter the name on nbc washington for your chance to win. each day we're giving a pair of tickets for vip floor seats. and one winner will get a meet-and-greet with one of the jingle ball artists. >>> in just a matter of hours, the brand-new 495 express lanes will be open to the public. but one very special driver got to take a test run on the new road today. megan mcgrath has more on what the project means for commuters in northern virginia. >> reporter: seeing santa claus apparently has its privileges. jolly st. nick was the fir
he gave boehner a birthday gift of a bottle of wine. >>> a stunning security breach. mother who crashed through a gate and started driving down an air port runway with her child in the car. >>> the frightening moment a driver plowed straight into a police officer. >>> and the beltway becomes the santa express. how old st. nick took t >>> you ready tonight on news4 at 5:00, we're giving away tickets to hot 99 sold out jingle ball concert featuring justin...
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house speaker john boehner says he thinks they will have a solution before the end of the year. >>> and there are new details about the woman, jill kelley, at the center of the scandal that brought down general petraeus. jill kelley's connections went beyond the social elite and tampa, all the way to the white house. >> reporter: their families toured the white house on november 4th, two days before general james clapper, the director of national intelligence was even told about the petraeus scandal. jill kelley mentioned the visit in an e-mail, saying i was at the white house with my friends in the administration this weekend. the stress was surreal. white house officials say the jill kelley sisters were invited by a staffer who may have met at the air force base. jill kelley was bipartisan in her out reach, she and her sister dropped in on a fundraiser for marco rubio two years ago, they did not pay, sources said, just arrived and soon left. in an e-mail last march, jill kelley said she was trying to stop a local jock from carrying out a threat to deep fry the quran, saying i have an
house speaker john boehner says he thinks they will have a solution before the end of the year. >>> and there are new details about the woman, jill kelley, at the center of the scandal that brought down general petraeus. jill kelley's connections went beyond the social elite and tampa, all the way to the white house. >> reporter: their families toured the white house on november 4th, two days before general james clapper, the director of national intelligence was even told about...
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the president gave boehner a bottle of italian wine as a birthday gift. at least they're talking. >> yes. >> for a birthday, you can talk. >> nice sunshine out there today. >> yeah, we needed to see that sunshine. i think we're going to see a similar day tomorrow. if you liked today, you're going to see another one tomorrow. that comes on an all-important weekend. look outside right now. what you're seeing out there is a pretty nice night. yes, it's on the cool side. you'll need the jacket as you step outside, but other than that, not bad at all. you can deal with the chill. it's going to be a nice evening. 47 degrees the current temperature at the airport. winds out of the north about 7 miles per hour. that breeze, we'll call it a breeze instead of a wind, but that breeze will make things feel a little bit cooler. 37 down towards culpepper. 39 in gaithersburg. temperatures are going to fall fairly quickly now as the sun has gone down. expect to see chilly numbers when you wake up tomorrow morning. no rain on the radar. not rain down to the south, just gr
the president gave boehner a bottle of italian wine as a birthday gift. at least they're talking. >> yes. >> for a birthday, you can talk. >> nice sunshine out there today. >> yeah, we needed to see that sunshine. i think we're going to see a similar day tomorrow. if you liked today, you're going to see another one tomorrow. that comes on an all-important weekend. look outside right now. what you're seeing out there is a pretty nice night. yes, it's on the cool side....
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john boehner, mitch mcconnell saying they want the bush tax cuts for everyone. joe, will they have to bend on that? isn't that really the issue? will they bend on the republican side? >> the republicans are going to have to bend. we have to get this done. we've only got 46 days before the -- before we would fall off this fiscal cliff and to fall off the cliff would mean 3.9% hit for gdp next year. we can't afford that because that would potentially throw us into another recession. we want to avoid that at all costs. the big issue i think for most people would be taxes. most people -- and governor rendell said, well, it's not just a matter of tax increases on the wealthiest americans but it's a host of spending challenges that we face across the board that would impact millions of people and certainly impact us in a huge way. i think republicans have to bend. republicans are going to be looking at of course cuts in spending and cuts in entitlements as well as the possibility of new revenue and i think they're very open to this. i think some republicans will push
john boehner, mitch mcconnell saying they want the bush tax cuts for everyone. joe, will they have to bend on that? isn't that really the issue? will they bend on the republican side? >> the republicans are going to have to bend. we have to get this done. we've only got 46 days before the -- before we would fall off this fiscal cliff and to fall off the cliff would mean 3.9% hit for gdp next year. we can't afford that because that would potentially throw us into another recession. we want...
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i missed some of the comments that john boehner made. let me give you a quick summary of the highlights here, and let's call them highlights because finally kumbaya. hope it lasts. the senate majority leader harry reid suggested both of us, we're both going to have to give up what we want and call this the cornerstone of working something out. that sounds good. then nancy pelosi, the house minority leader, saying that this has to be about cuts. this has to be about revenue. this has to be about growth and that she is confident a solution is in sight. sounds good, too. and then the house minority leader or rather the minority leader mitch mcconnell also suggesting that this was a constructive meeting and that we are prepared to put revenue on the table. they just emerged from the meeting. looked like they were going right back in. maybe they were going to have lunch. i don't know. they sure deserve it if they're able to come to rhetoric like that any any case. take to you break for a moment and hopefully i can scramble up wolf blitzer. gi
i missed some of the comments that john boehner made. let me give you a quick summary of the highlights here, and let's call them highlights because finally kumbaya. hope it lasts. the senate majority leader harry reid suggested both of us, we're both going to have to give up what we want and call this the cornerstone of working something out. that sounds good. then nancy pelosi, the house minority leader, saying that this has to be about cuts. this has to be about revenue. this has to be about...
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it ended with what looked like a big handshake between the president and john boehner. james rosen has the report live from the white house. hey, james. >> reporter: house minority leader nancy pelosi says congress wants to show a message of confidence to the markets and she said they should aim to strike a deal on the fiscal cliff by christmas. the special lasted just over an hour. president obama said nothing explicit about reining in entitlement spending. instead the chief executive spoke about approaching the deficit in a balanced way and talked about long-term impediments to growth. >> i think we are all aware that we have some urgent business to do. we have got to make sure that taxes don't go up on middle class families and our economy remains strong that we are creating jobs and that's an agenda democrats and republicans and independents, people all across the country share. >> reporter: republican leaders gave no indication they are willing to entertain the idea that the president wants them to, namely the raising of tax rates on some particular categories of i
it ended with what looked like a big handshake between the president and john boehner. james rosen has the report live from the white house. hey, james. >> reporter: house minority leader nancy pelosi says congress wants to show a message of confidence to the markets and she said they should aim to strike a deal on the fiscal cliff by christmas. the special lasted just over an hour. president obama said nothing explicit about reining in entitlement spending. instead the chief executive...
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boehner and mcconnel and nancy pelosi and harry reed reed. without a deal billions of tax increases go into affect january 1st. and those are your head lines. i would like to be a fly on the wall for that meeting. >> brian: there is shock waves across the markets. coming in way above expectations, remember that explanation. hurricane sandy's fault. everyone gets fired when a hurricane hits? what kind of logic is that. >> a crash scene with a baby girl trapped in the twisted metal. but you haven't seen the hero that jumped inside to save her, he's coming up this hour. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. it's a new way to get cash back deals, and it's called bankamerideals! i sign into my online banking... click the "cash back deals tab"... and pick the deals i want. i just use my bank of america debit or credit card when
boehner and mcconnel and nancy pelosi and harry reed reed. without a deal billions of tax increases go into affect january 1st. and those are your head lines. i would like to be a fly on the wall for that meeting. >> brian: there is shock waves across the markets. coming in way above expectations, remember that explanation. hurricane sandy's fault. everyone gets fired when a hurricane hits? what kind of logic is that. >> a crash scene with a baby girl trapped in the twisted metal....
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the congressional leaders, boehner, reid, pelosi, mcconnell, were optimistic but cautious about a deal. >> to show our seriousness we have put revenue on the table as long as it's accompanied by significant spending cuts. >> we have the cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. we should show some milestones of success so that confidence can build. >> we're prepared to put revenue on the table provided we fix the real problem. >> the real problem. you got that? mcconditional is all the tree stump on the lawn when you're trying to cut it. this afternoon the president held his fourth and final meetings with stakeholders, civic leaders and meshs of civic leaders. mark morel is president of the you are began league and aaron smith is co-funder of a group called noninvincibles dedicated to ensuring that young people's perspectives are accounted for in policy and economic opportunity, education,
the congressional leaders, boehner, reid, pelosi, mcconnell, were optimistic but cautious about a deal. >> to show our seriousness we have put revenue on the table as long as it's accompanied by significant spending cuts. >> we have the cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. we...
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not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. jon: a fox news alert now on a deadly train crash at a parade honoring our nation's heroes. the images from midland, texas, where police say a freight train slammed into a parade float carrying wounded veterans. four people were killed. more than a dozen others injured. casey seeing fell live in midland, texas, with more on this tragedy. casey? >> reporter: yeah, jon, union pacific railroad spo
not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it...
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boehner. wasn't he tried to get everybody paid off. >> stephanie: from the tobacco companies. >> caller: from the cigarette companies, i mean for years. i've watched politics for years and i mean it was always like a joke two and three years ago always drunk all the time. >> well, yeah. >> caller: you know, a political joke. i've heard people say that. i just want to make a comment. i was watching david schuster the last show, and i can't--i just want to make a comment because i've watched him for years, too. my friend have sisters in college, and i guess he's really popular in dorms. >> stephanie: he's dreamy. >> caller: in dorm rooms. people have pictures of him in their dorm rooms. >> stephanie: really? i can't wait to tease him about that. >> caller: politics, i'm just a housewife, and i hear stories about college but we're not there. >> stephanie: he's like a political geek liker beat. >> like shawn cassidy of the political world. >> caller: they were talking about religion on the last sh
boehner. wasn't he tried to get everybody paid off. >> stephanie: from the tobacco companies. >> caller: from the cigarette companies, i mean for years. i've watched politics for years and i mean it was always like a joke two and three years ago always drunk all the time. >> well, yeah. >> caller: you know, a political joke. i've heard people say that. i just want to make a comment. i was watching david schuster the last show, and i can't--i just want to make a comment...
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that could be a negotiating ploy by speaker boehner and the republicans to says look, we have been very reasonable, we put revenues on the table right from the start. if this falls apart it is all on the democrats. that is not a bad negotiating point. it is way too soon-to-be optimistic. ultimately they will avoid the cliff but we do not have good reason today to believe it will happen soon. >>trace: good to see you. chris anchors fox news sunday this week and will talk of the ongoing investigation into the attack in libya with vice chairman of the senate intelligence committee and chairman of the senate homeland committee joe lieberman and the future of the g.o.p. with louisiana governor jindal and wisconsin governor caught walker this weekend on "fox news sunday." now, one of the areas that super storm sandy devastated and police in new york say they are concerned that looting could become a big problem. rick got to fly with cops who are taking measure to keep folks from becoming victims for a second time. he joins us live with the details from queens. how big of a problem is this? ri
that could be a negotiating ploy by speaker boehner and the republicans to says look, we have been very reasonable, we put revenues on the table right from the start. if this falls apart it is all on the democrats. that is not a bad negotiating point. it is way too soon-to-be optimistic. ultimately they will avoid the cliff but we do not have good reason today to believe it will happen soon. >>trace: good to see you. chris anchors fox news sunday this week and will talk of the ongoing...
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seen incredible interest and openness to putting in place a deal, both from president obama and leader boehner, and a number of members of congress. >> an aide to senator majority leader harry reid told fox news, the democrats are open to various tax loopholes only if the republicans agree first to raise taxes on those making $250,000 or higher. sound familiar, chris. >> does a bit. thanks from the white house. president obama won reelection on a promise to raise taxes on high earners as a plan to raise our massive debt. republicans say they agree with the goal, but want to do it a different way than the president. jim angle tonight on their alternative. >> president obama wants to take money from wealthy taxpayers, republicans say they're willing to raise revenues, but not tax rates. and that leaves ample middle ground that could satisfy both, putting a cap on the amount of deductions any one person could claim, such as $50,000. >> that means the maximum number of deductions you can take is $50,000, you can take it for anything you want, but you can't take more than 50,000. >> the tax policy
seen incredible interest and openness to putting in place a deal, both from president obama and leader boehner, and a number of members of congress. >> an aide to senator majority leader harry reid told fox news, the democrats are open to various tax loopholes only if the republicans agree first to raise taxes on those making $250,000 or higher. sound familiar, chris. >> does a bit. thanks from the white house. president obama won reelection on a promise to raise taxes on high...
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dagen: john boehner speaking outside the white house flings by senator harry reid. listen to him. >> our meeting today, what the president called for a fair and balanced approach to show our seriousness we put revenue on the table as long as it is the company for significant spending cuts and we are going to continue the revenue on the table, over my colleagues to show the american people we are serious about cutting spending, solving our fiscal -- i believe we can do this and other the fiscal cliff that is right in front of us today. >> this isn't the first time we have dealt with these issues. we feel we understand what the problem is and we felt very good about what we were able to talk about. we have the cornerstones of being able to work something out. we are both having to give up some of the things we know are a problem and so it is like the point where we all know something has to be done, no other time than to do it now. we feel comfortable with each % other and something we will wait until the last day of december to get done. we will move forward on it an
dagen: john boehner speaking outside the white house flings by senator harry reid. listen to him. >> our meeting today, what the president called for a fair and balanced approach to show our seriousness we put revenue on the table as long as it is the company for significant spending cuts and we are going to continue the revenue on the table, over my colleagues to show the american people we are serious about cutting spending, solving our fiscal -- i believe we can do this and other the...
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the talks begin today with president obama only the first face-to-face talks with joan boehner. he is hosting minority leader nancy pelosi. harry reid and minority lead mitch mcconnell. he leaves for asia tomorrow and members of congress will be taking a break on the monday after thanksgiving. it will be a key day to watch. meantime, speaking of the budget government's mortgage insurance agency, they say defaults on loan during the housing bubble has resulted in more than $16 billion annual deficit. lease see how stocks are going on. pretty quiet until we get some indication what is going on in washington. we're lower across the board but just barely. bloomberg down half percent. >> what do you do with thanksgiving leftovers. they say $282 million worth of turkey will end up in the trash. wasting the food but also $105 billion of water and greenhouse gas emissions that go into getting that turkey to your table. an estimated $165 billion worth of uneaten food every year. i'm jane king. >> eric: thank you very much. >> kristen: what happened to those turkey sandwiches. >>> that is
the talks begin today with president obama only the first face-to-face talks with joan boehner. he is hosting minority leader nancy pelosi. harry reid and minority lead mitch mcconnell. he leaves for asia tomorrow and members of congress will be taking a break on the monday after thanksgiving. it will be a key day to watch. meantime, speaking of the budget government's mortgage insurance agency, they say defaults on loan during the housing bubble has resulted in more than $16 billion annual...
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by the way, boehner's word to gohmert after the vote, "louie, i love you too." >>> finally this one. after the election we heard certain ceos were threatening to fire employees if president obama won the election. some are going through with it. robert murray, ceo of the coal company that ordered employees to attend a rally with mitt romney, laid off 156 employees the day after the election. nice guy. john schneider, ceo of papa john's pizza chain, says he will be cutting employee hours to avoid costs associated with obama care. finally, john metz, ceo of several denny's franchises, says he will add a 5% surcharge to customers' bills to offset the cost of obama care. you don't want to pay extra, he suggests you simply tip the server less to offset the cost. what a sweetheart. >>> up next, new information on the affair that brought down cia director david petraeus. you're watching "hardball," the place for politics. now back to "hardball." >>> back to "hardball." we now know the identity of that fbi agent, that tampa socialite jill kelley reached out to after receiving suspicious e-ma
by the way, boehner's word to gohmert after the vote, "louie, i love you too." >>> finally this one. after the election we heard certain ceos were threatening to fire employees if president obama won the election. some are going through with it. robert murray, ceo of the coal company that ordered employees to attend a rally with mitt romney, laid off 156 employees the day after the election. nice guy. john schneider, ceo of papa john's pizza chain, says he will be cutting...
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boehner appreciates that, dana. just looking at their body language sitting around the table, they're all smiling awkwardly and trying to get along, so hopefully as the morning progresses, you know, the talks will be cordial and arrive at some sort of conclusion. do you have any hopes an actual plan will be developed from this meeting? >> the bright lines over which neither side will cross will likely be established. the players have been very careful not to draw the bright lines in public, for example, the president now publicly at least has made clear that, yes, he promised during the campaign to raise those rates for those families making $250,000 or more but he is also in the next sentence said i am open if anybody has any other ideas to figuring out how to raise other tax revenue in order to achieve his goal which is deficit reduction, about a trillion dollars in deficit reduction. those kinds of lines and paramete parameters. >> dana bash, thank you so much. i know you're busy today. we appreciate you giving y
boehner appreciates that, dana. just looking at their body language sitting around the table, they're all smiling awkwardly and trying to get along, so hopefully as the morning progresses, you know, the talks will be cordial and arrive at some sort of conclusion. do you have any hopes an actual plan will be developed from this meeting? >> the bright lines over which neither side will cross will likely be established. the players have been very careful not to draw the bright lines in...
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and house speaker john boehner said republicans are willing to offer higher tax revenue as part of a deal. >> to show our seriousness we've put revenue on the table, as long as it's accompanied by significant spending cuts. and while we're going to continue to have revenue on the table, it's going to be incumbent for my colleagues to show the american people that we're serious about cutting spending and solving our fiscal dilemma. >> holman: on the democratic side, senate majority leader reid promised work will continue on a deal over the thanksgiving recess. he said, "we all know something has to be done." wall street took some hope from that white house meeting. the dow jones industrial average gained nearly 46 points to close at 12,588. the nasdaq rose 16 points to close at 2,853. but for the week, the dow and the nasdaq fell nearly 2%. also today, j.p. morgan chase and credit suisse agreed to pay $417 million in a federal civil settlement. they allegedly sold mortgage bonds they knew could fail before the 2008 financial crisis. it looks like twilight for twinkies. hostess brands
and house speaker john boehner said republicans are willing to offer higher tax revenue as part of a deal. >> to show our seriousness we've put revenue on the table, as long as it's accompanied by significant spending cuts. and while we're going to continue to have revenue on the table, it's going to be incumbent for my colleagues to show the american people that we're serious about cutting spending and solving our fiscal dilemma. >> holman: on the democratic side, senate majority...
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now, if only john boehner grover norquist and the rest of the mathematically challenged members of the g.o.p. would adjust their focus >> eliot: for the second day in a row violence has escalated. yesterday, israel in response to a reported 1,000 rocket attacks from gaza, this year killed ma has leader jabari. in retaliation hamas fired over 270 rocket into israel killing three. israel responded by bombing suspected rocket launching sites as well as other suspected terrorist sites killing 16. israel has also begun moving troops toward the border and called up 30,000 reservists, muscle flexing to raise the specter of a ground invasion. president obama called benjamin netanyahu to pledge his support and morsi to assert israel's right to condemn itself and president morsi did not agree. saying today and i quote... >> eliot: to discuss the growing violence in gaza, i'm joined by our good friend, recently re-elected congressman jerry nadler of new york. sir, always a pleasure to have you on the show. >> good to be here. >> eliot: this is an escalation and a moment of tension that's unparall
now, if only john boehner grover norquist and the rest of the mathematically challenged members of the g.o.p. would adjust their focus >> eliot: for the second day in a row violence has escalated. yesterday, israel in response to a reported 1,000 rocket attacks from gaza, this year killed ma has leader jabari. in retaliation hamas fired over 270 rocket into israel killing three. israel responded by bombing suspected rocket launching sites as well as other suspected terrorist sites killing...